NOV INC.
Income Statement
| Line Item | FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | $8.74B | $8.87B | $8.58B | $7.24B | $5.52B | $6.09B | $8.48B |
| Cost of Revenue | — | $6.98B | $6.86B | $6.75B | $5.90B | $4.75B | $5.66B | $7.63B |
| Gross Profit | — | $1.77B | $2.01B | $1.83B | $1.33B | $774.0M | $434.0M | $845.0M |
| Gross Margin | — | 20.2% | 22.7% | 21.4% | 18.4% | 14.0% | 7.1% | 10.0% |
| Operating Expenses | ||||||||
| Research & Development | — | — | — | — | — | — | — | — |
| SG&A Expense | — | $1.20B | $1.13B | $1.18B | $1.07B | $908.0M | $968.0M | $1.30B |
| Operating Income | — | $494.0M | $876.0M | $651.0M | $264.0M | $-134.0M | $-2.43B | $-6.28B |
| Operating Margin | — | 5.6% | 9.9% | 7.6% | 3.6% | -2.4% | -39.8% | -74.1% |
| Interest Expense | — | $88.0M | $91.0M | $88.0M | $78.0M | $77.0M | $84.0M | $100.0M |
| Pretax Income | — | $375.0M | $831.0M | $612.0M | $238.0M | $-230.0M | $-2.78B | $-6.46B |
| Income Tax Expense | — | $224.0M | $196.0M | $-373.0M | $83.0M | $15.0M | $-242.0M | $-369.0M |
| Net Income | — | $145.0M | $635.0M | $993.0M | $155.0M | $-250.0M | $-2.54B | $-6.10B |
| Net Margin | — | 1.7% | 7.2% | 11.6% | 2.1% | -4.5% | -41.7% | -71.9% |
| EPS (Basic) | — | $0.39 | $1.62 | $2.53 | $0.40 | $-0.65 | $-6.62 | $-15.96 |
| EPS (Diluted) | — | $0.39 | $1.60 | $2.50 | $0.39 | $-0.65 | $-6.62 | $-15.96 |
| Shares Outstanding (Basic) | 360.4M | 372.0M | 392.0M | 393.0M | 390.0M | 386.0M | 384.0M | 382.0M |
| Shares Outstanding (Diluted) | 360.4M | 375.0M | 396.0M | 397.0M | 394.0M | 386.0M | 384.0M | 382.0M |
| Dividends Per Share | — | $0.51 | $0.28 | $0.20 | $0.20 | $0.05 | $0.05 | $0.20 |